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Coinbase founder and CEO Brian Armstrong says the latest memecoin frenzy is overwhelming the top US-based crypto exchange. Armstrong acknowledges that Solana is experiencing transactional delays on Coinbase amid a high volume surge in the trading of memecoins launched on the SOL network. In response to one customer complaining of delays on the social media platform X, Armstrong says, “Team is working hard on scaling our Solana infra now – lots of Solana activity last few days, we were not anticipating this level of surge.” Armstrong also responds to another customer complaining they’ve been waiting two days so far for their transfer of SOL to a private wallet to go through. “It’s a scaling challenge keeping up with activity on Solana chain (which surged lately), not solvency. Customer funds are 100% backed and audited periodically by Deloitte. Team is working hard to resolve it.” According to blockchain data aggregator DefiLl...

The BNB Chain development team has unveiled launched opBNB on the mainnet to scale decentralized applications (dapps). This milestone comes after a rigorous testing phase aimed at assessing the network’s overall reliability and functionality. Today, we're launching the opBNB mainnet! Our Layer 2 solution is now fully released to the public, allowing for lightning-fast transactions and super-low fees! Let's dive deeper into the incredible benefits this brings to BSC [1/6]https://t.co/vRK7Pbyk4b pic.twitter.com/hqxt3ChsR4 — BNB Chain (@BNBCHAIN) September 13, 2023 Built on Optimism’s software package known as OP Stack, opBNB is a layer-2 scaling solution engineered to accelerate transaction speeds and diminish fees for dapps. The technology allows for the deployment of Ethereum(ETH)-compatible dapps on an off-chain layer , subsequently securing these transactions through the BNB Chain using optimistic rollup technology. This architecture aims to resol...

Shibarium Mainnet is Now Ready for Use Shiba Inu has actually made history as the first memecoin with a highly diversified pivot from being a mere fun token with the emergence of Shibarium. Drawing on the massive anticipation from the community, the Shibarium launch has been tagged by some stakeholders as a wait that is worth the while. advertisement Buckle up #SHIBARMY 🛸 Shibarium is officially live and ready to explore: https://t.co/56VsqOa2jt — Shib (@Shibtoken) August 16, 2023 Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read Best Crypto Trading Bots List 2023 Must Read Top Crypto Marketing Firms / Agencies 2023; Here’s Best Picks ...